Business news

U.S. stocks moved lower in afternoon trading Tuesday, on course for their first broad decline in three days. Weak results from IBM, United Technologies and other companies weighed on the market. Apple and Microsoft were among ...

United Technologies Corp. posted second-quarter declines Tuesday in revenue and profit as a strong dollar cut exports. It also reduced its 2015 outlook on Otis elevator sales in Europe and China's slowing economy.

Singapore's United Overseas Bank (UOB) said Tuesday it will partner with state-linked investment firm Temasek Holdings to provide up to $500 million in venture debt financing to start-ups in China, India and Southeast Asia.

Toshiba's CEO and eight other executives resigned Tuesday to take responsibility for doctored books that inflated profits at the Japanese technology manufacturer by 152 billion yen ($1.2 billion) over several years.